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20110701
20110731
Search Results 0 to 6 of about 7 (some duplicates have been removed)
and gloom for the market watchers. what's the truth here. >> traders for a long time figured this was no big deal a big oner. recently they started to take action pulling gold prices higher over $1,600 a troy ounce and a weak dollar means that oil prices are spiking higher almost to $100 a barrel. bar the door if we actually have a default then you could see the big impacts a big market sell-off spiking interest rates. >> shepard: default a much bigger deal than a downgrade. a lot of folks suggest a downgrade coming either way. >> a downgrade could come any time. very big impact on consumer interest rates, mortgage rates, small business loans. you name it, they become more exeivel if those interest rates move higher. also stocks could sell off not good news for your 401(k), shep. >> shepard: no doubt. gerri willis fox business news. her report 5:00 eastern time, 4:00 central on the fox business network jewels up the dial. one republican leader says president obama would rather give speeches about the debt crisis than find a solution. but the president's experts say he is the one actually tal
know they are all big boys. and i suspect that speaker boehner in a few minutes. again, can you see what we are waiting on, speaker boehner, we believe within minutes is going to come before cameras and microphones there in the pressroom in the house and give his response to the president's comments. i know they are big boys but the president did go after republicans, especially house republicans. and especially house tea party republicans in this session. does that make it harder to deal or do they just sort of -- >> yeah, probably. but i mean the president has been doing this all along. he did it more forcefully today than he has in the past. remember when he gave the speech at george washington university paul ryan who had pointed out a budget and risks about these things and the president went after him about it it's not the first time. i suspect it's not going to be the last. boehner has a difficult job but simple task. he needs to show up at 11:00 a.m. tomorrow morning that something that house republicans, 218 of them can agree on them. something that's long overdue. i was re
. they are testing to see if this might work. big news coming out of washington. president obama says there will be a deal to raise the debt limit by the 2nd of august deadline. but the president insists that deal has to include tax hikes for the richest of all rich americans. something republicans are still refusing to accept. the president and house speaker john boehner spelling out their demands at a news conference or series of news conferences today before the latest rounds of talks at the white house. the president saying he is bent over backwards to work with g.o.p. leaders on spending cuts and that he is willing to take significant heat from his own party. now, he says it's time for republicans to do the same. the president used himself as an example as really someone who can afford to give up a few tax dollars. >> i do not want and i will not accept a deal in which i am asked to do nothing in fact, i'm able to keep hundreds of thousands of dollars in additional income that i don't need. if you don't have revenues, it means you are putting more of a burden on the people who ca
america and the world is in big trouble. tonight, the debt limit. and how the tea party republicans have rejected their own leaders' plan. plus the u.s. connection to the shooting rampage in norway. [sirens] >> shepard: the accused killer's manifest toe said to be almost identical to an american terrorist. tonight, new clues about the motive for the massacre. and the suspect reportedly warns there are others like him out there. plus, a grizzly bear attacks teenagers on a school trip in alaska. >> and the bear just started going after a bunch of the kids in the group. it got him and knocked him down and bit prevent the united states of america from defaulting on its loans from the first time in history next tuesday. tonight, republicans and democrats are still very far apart on some very important issues. and with days of red tape likely to delay things, once lawmakers do finally agree, time is running out. today, the republicans who control the house and the democrats who control the senate offered separate plans to raise the debt limit. the republican house speaker john boehner unveilin
Search Results 0 to 6 of about 7 (some duplicates have been removed)